JEFFERSON ECONOMIC DEVELOPMENT INSTITUTE (EIN 911764897) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1996

Principal Officer

NANCY SWIFT

Phone

5309266670

Tax Period

2023-10-01 to 2024-09-30

JEFFERSON ECONOMIC DEVELOPMENT INSTITUTE, founded in 1996, is a small nonprofit in the Community Improvement sector that reported $759K in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year.

Mission

JEDI'S MISSION IS TO INCREASE THE ECONOMIC WELL-BEING OF PEOPLE AND COMMUNITIES THROUGH BUSINESS DEVELOPMENT AND LOCAL WEALTH CREATION. THROUGH THIS MISSION, JEDI IS ADDRESSING THE ROOT CAUSES OF RURAL POVERTY AND ECONOMIC DEVELOPMENT. SINCE 1996 IT HAS SUPPORTED OVER 6,700 PEOPLE IN GROWING A BUSINESS, CREATED 1,700 BUSINESSES AND JOBS, AND 70 HAVE RECEIVED FINANCING OF APPROXIMATELY 7.6 MILLION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $747,173

Program Service Revenue $11,427

Investment Income $0

Other Revenue $0

TOTAL REVENUE $758,600

Expense Breakdown

Grants Paid $15,000

Salaries & Benefits $552,445

Fundraising Expenses $10,525

Program Expenses $727,305

Other Expenses $260,211

TOTAL EXPENSES $827,656

Year-over-Year Comparison

	2023	2022	Change
Revenue	$758,600	$814,805	-0.1%
Expenses	$827,656	$849,563	0.0%
Net Income	$-69,056	$-34,758	+1.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$89,127

Total Directors

$89,127

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NANCY SWIFT	EXECUTIVE DI	40.00	Officer Director	$89,127	$0	$89,127
STACEY SANCHEZ	BOARD TREASU	1.00	Director	$0	$0	$0
ANGELA CORDELL	BOARD SECRET	1.00	Director	$0	$0	$0
ERIKA CARPENTER	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
DANNA PRATER	VP COM. DEVE	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$758,600	$827,656	$244,935	$-69,056
2023	$814,805	$849,563	$279,804	$-34,758
2022	$979,343	$852,174	$287,420	$127,169
2022	$979,343	$852,174	$287,420	$127,169
2021	$798,620	$757,677	$142,879	$40,943
2020	$577,008	$547,083	$185,630	$29,925
2020	$565,392	$547,083	$185,630	$18,309
2019	$531,893	$523,596	$158,597	$8,297
2018	$419,790	$415,160	$97,834	$4,630

JEFFERSON ECONOMIC DEVELOPMENT INSTITUTE